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Women more concerned than men about job prospects, PwC survey finds

Apr 29
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Women are more likely than men to have concerns about their career prospects, according to a PwC survey that sought the views of 2,000 workers in the UK and 32,500 people around the world.

The Upskilling Hopes and Fears study found that less than a third (29 per cent) of female employees had positive feelings about how the future world of work is likely to affect them, compared to 45 per cent of men.

In a similar trend, 41 per cent of women said they felt nervous about what the future holds for them, while only 29 per cent of men said the same.

The research also provided insights into what women, as well as workers from ethnic minority backgrounds, think about technological progress and how it's likely to impact employment and their jobs.

Less than four out of ten female respondents (37 per cent) were of the opinion that tech advancements would improve their future job prospects, compared to 44 per cent of men.

Just over a quarter (27 per cent) of workers from ethnic minority backgrounds thought it was likely their job would be obsolete within five years. Less than a fifth (18 per cent) of white employees thought the same.

Other findings indicated that a third (33 per cent) of white respondents have limited opportunities to learn new skills because of poor access to technology, compared to 43 per cent of employees from ethnic minority backgrounds.

Discussing the trends highlighted in the report, Katy Bennett, people and organisation director at PwC, said it was "no surprise" that women felt less positive than men about the future of work, given the disproportionate impact of the pandemic on female employment.

She also said it was "concerning" to see that a larger proportion of workers from ethnic minority backgrounds fear their jobs may not exist in five years' time, and urged employers to act now to ensure these employees aren't disproportionately affected by changes in the world of work.

"Concerns about future job security can also have a very real impact [on] wellbeing," Ms Bennett continued.

"Appropriate monitoring is not possible without high-quality data. As such, a crucial first step to ensuring that future workforce planning is fair and equitable is working to collect data on the diversity of the current workforce."

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